Rechtsbibliothek und Fallanalyse · Österreich · Belgien · Europäische Union
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Cap. 442 · cap/442 (Cap. 442)

Cap. 442 Art. 3The Board.

PART II

In KraftAmtlicher Text

(1) There shall be a Board, which shall be known as the

Co-operatives Board, whose functions shall be -

(a) to register, monitor and exercise supervision over co-operative societies and to ensure compliance with the provisions of this Act;

(b) to support and assist the establishment of co-operative societies in all sections of the economy and society;

(c) to furnish information regarding co-operative principles, practices and management.

(2) The Board may, subject to the provisions of this Act and to any general or special directions of the Minister, delegate any of its functions under this Act.

(3) The Board shall be a statutory body having a distinct legal personality and, subject to the provisions of this Act, shall be capable of entering into contracts, of suing and being sued, and doing all such things and entering into all such transactions as are incidental or conducive to the exercise of its functions under this Act.